$BTC Binance Spot 5 tests of spot supply so far Still being sold into on tests by active limit sellers $BTC CVDs & Delta Takers still driving trend in between limit liquidity, since limit bid liquidity is thin compared to limit asks Presumably takers will lead rallies into

$BTC Binance Spot Limit spot buyer nibbling here but not enough yet to force price higher Takers will have to flip to buying spot again & then limit chasing bid ~ Key recipe for higher Still heavy supply around $45K Large spot bid around $42K now & other spot bids moved

$BTC 4H Price action is still pretty choppy but trend is yet to be broken with volume, however RSI & Stoch show a lack of momentum from bulls to defend lows so far Typically this is when orderflow becomes pretty important as there's often leading context

$BTC Binance Spot Ask depth still very thick compared to limit bids on the orderbook, typically not favorable for price Stacked 100BTC bids every 500$ lower towards $40K $BTC CVDs & Delta Most of the volatility & volume is coming from perps here but given it's christmas

$BTC So thing that im watching here is the volume into this selling, it's decent volume overall but nothing crazy to cascade price Typically around 1K BTC - 2K BTC sold in a single 5min candle is where volatility is favorable for sellers to get aggressive

As we close out 2023, here are a few threads simplifying what I believe are some of the most important financial concepts of this past year. (please bookmark and share this)

Some actionable tips for this week: 1. Weekly open - Is it held as support (good) or is it rejected as resistance (bad) 2. 1H & 4H 200EMAs - Reclaim or held (good for longs) or rejection (good for shorts) 3. Structure - HHs & HLs (uptrend) or LHs & LLs (downtrend) 4. Avoid chop -

If you trade alts in a trending environment, you need an efficient system to cut the fat, through way of screening and filtering information at a quick glance. How to Screen Alt. Strength/Weakness + Spot Rotations using TradingView (explanations & links provided) a thread 🧵

Volatility indexes moving up since Friday & VIX expiration 17th Jan US Yields moving higher since Friday, pricing out premature rate cuts Note long end vs short end Stronger USD putting pressure on oil prices & sensitive currencies to USD fluctuations like JPY Would be

$BTC Binance Perp OI down, Perp CVD up + delta up & buy volume = short squeeze

There's a decent chance that the upcoming #QRA could be positive for markets, depending on how much bill issuance is scaled back and on the absolute funding needs. Let's see. On top, Fed #liquidity background is not as bad as many fear... 'QS' = 'quantitative support'!

Some very nice 1D closes across the market, next 1H usually market chops and establishes some kind of direction into the 4H close post daily open Important levels: - Weekly open - Yearly open - Daily open Structure: strong = HHs & HLs weak = LHs & LLs Systematics: above 4H

So, how to play this current $JUP airdrop? Probably trade it a lot when it starts coming onto the market. Probably long only for the first few hours. Volatility is expected to be absolutely nuts. DO NOT HOLD for more than a few days probably. Or if you do, take profits and be

There’s alpha in new shiny coins. In fact, new shiny coins outperform. They also follow a blueprint that I have now named “ooo airdrop, ooo shiny”. Let me teach you how to utilise this blueprint (steal this alpha): 🧵👇

$BTC Weekly Open market thread, in partnership with WOO X $BTC 1W Pretty inconclusive weekly range still, chop chop $BTC 4H Price is back at yearly open again & 4H/1D trend this is essentially the key area for bulls to hold else I would be looking for confirmations of bears

New narratives tend to outperform. • ERC-20 → BRC-20 $ORDI • Monolithic → Modular $TIA • AI → Machine Learning $TAO • LSD → Restaking $EIGEN And, L2➡️zk-Rollup $STRK Next 10x plays likely found in Starknet. Reasons to think so🧵

Heatmaps Educational 🧵 If you like this type of content consider bookmarking and sharing. 1/20

$BTC Binance Spot Note the ask wall above price, often if not filled by takers is used to bait takers to puke which pushes price lower $BTC Binance Futures Fairly obvious what the intention is here looking at futures orderbook, stacked perp bids and sizeable ask around the high

The labor market is softening up. New hires are dropping. Job openings are dropping. Job quits are dropping. The YoY % change of employment level (household survey) is also dropping.

$BTC Market thread Update, in partnership with WOO X Trade with me here👇 x.woo.org/register?ref=5… $BTC Levels / Structure Price still failed to sustain the bounce from earlier Technically we have filled LTF inefficiencies on this dump Two major areas for structure: - $69K